Woory Industrial and Hyundai Wia will collaborate to develop an e-compressor and other auto parts used in the heating system of electric vehicles, TheElec has learned.
This is from Hyundai Motor and Kia reviewing potentially applying a new heating system for their future electric vehicles to increase their drive distance and efficiency, a person familiar with the matter said.
Woory and Hyundai Wia was collaborating to develop new expansion valves, positive temperature coefficients and e-compressors for a new integrated thermal management system that can be used in electric vehicles by 2025.
The integrated thermal management system uses refrigerants’ compression, expansion and vaporization that causes high and low temperatures to activate the car’s heating system.
This makes the car more efficient and consumes less power, which can extend drive distance of electric vehicles per charge.
In January this year, Hyundai Wia introduced its new cooling water distribution and supply module that it plans to supply to Hyundai Motor in 2023 for electric vehicles made with the E-GMP platform.
Woory Industrial was formed in 2015 and specializes in car heating and ventilation systems.
It supplies heating ventilating air conditioning actuators, clutch coils and PTC heaters.
It supplies these automobile parts to Hyundai Motor, Tesla, BMW and Stellantis. It recently won orders from US electric truck firm Rivian.
The company recorded 146.2 billion won in sales and 4.2 billion won in operating income during the first half of the year, an increase of 6.87% and 110%, respectively, from the same time period a year ago.